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Indonesian (IDX) Steel Industry Analysis

UpdatedJun 13, 2025
DataAggregated Company Financials
Companies7
  • 7D1.2%
  • 3M19.4%
  • 1Y-16.3%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 1.2%, driven by gains from Krakatau Steel (Persero) of 29%. In the past year, the industry is down 16%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Jun 2025Rp49.8tRp44.2tRp4.1t10.7x12.3x1.1x
Sun, 11 May 2025Rp43.1tRp43.0tRp2.8t10.3x15.6x1x
Tue, 08 Apr 2025Rp45.1tRp51.4tRp4.0t6.9x11.4x0.9x
Thu, 06 Mar 2025Rp38.0tRp50.6tRp3.9t7x9.8x0.8x
Sat, 01 Feb 2025Rp49.7tRp55.9tRp5.9t4.8x8.4x0.9x
Mon, 30 Dec 2024Rp55.8tRp55.7tRp5.9t5.5x9.4x1x
Wed, 27 Nov 2024Rp61.2tRp54.9tRp5.8t6.2x10.5x1.1x
Fri, 25 Oct 2024Rp75.0tRp56.0tRp7.0t6.9x10.7x1.3x
Sun, 22 Sep 2024Rp70.7tRp54.8tRp6.8t6.9x10.4x1.3x
Tue, 20 Aug 2024Rp66.6tRp54.3tRp6.1t7.2x10.9x1.2x
Thu, 18 Jul 2024Rp67.7tRp57.2tRp6.7t7.1x10.1x1.2x
Sat, 15 Jun 2024Rp64.7tRp65.6tRp7.0t6.9x9.3x1x
Mon, 13 May 2024Rp65.9tRp67.7tRp7.0t7.1x9.4x1x
Wed, 10 Apr 2024Rp67.0tRp67.6tRp6.4t7.8x10.5x1x
Fri, 08 Mar 2024Rp73.3tRp66.8tRp6.1t8.7x11.9x1.1x
Sun, 04 Feb 2024Rp69.9tRp65.9tRp3.8t10.8x18.3x1.1x
Tue, 02 Jan 2024Rp68.6tRp65.0tRp3.8t11.7x18.2x1.1x
Thu, 30 Nov 2023Rp64.9tRp70.6tRp4.6t9.4x14.2x0.9x
Sat, 28 Oct 2023Rp58.8tRp71.8tRp4.5t8.6x13x0.8x
Mon, 25 Sep 2023Rp75.6tRp69.8tRp4.4t10.8x17.2x1.1x
Wed, 23 Aug 2023Rp65.3tRp70.1tRp5.0t9.4x13x0.9x
Fri, 21 Jul 2023Rp55.2tRp75.5tRp6.0t8.1x9.3x0.7x
Sun, 18 Jun 2023Rp47.5tRp77.4tRp7.5t6.6x6.3x0.6x
Tue, 16 May 2023Rp52.4tRp76.0tRp7.4t7.1x7x0.7x
Thu, 13 Apr 2023Rp63.3tRp77.1tRp7.6t9.2x8.4x0.8x
Sat, 11 Mar 2023Rp64.0tRp79.6tRp9.0t6.4x7.1x0.8x
Mon, 06 Feb 2023Rp79.0tRp78.0tRp8.8t8x9x1x
Wed, 04 Jan 2023Rp88.3tRp80.4tRp9.1t9.3x9.7x1.1x
Fri, 02 Dec 2022Rp89.7tRp80.0tRp9.0t11.6x10x1.1x
Sun, 30 Oct 2022Rp90.8tRp77.2tRp8.4t14x10.8x1.2x
Tue, 27 Sep 2022Rp93.1tRp75.0tRp8.1t14.7x11.4x1.2x
Thu, 25 Aug 2022Rp88.0tRp69.5tRp6.1t15.6x14.4x1.3x
Sat, 23 Jul 2022Rp89.1tRp69.5tRp6.1t12.2x14.5x1.3x
Mon, 20 Jun 2022Rp96.2tRp67.8tRp6.1t9.6x15.7x1.4x
Price to Earnings Ratio

15.7x


Total Market Cap: Rp96.2tTotal Earnings: Rp6.1tTotal Revenue: Rp67.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 11.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 13% per year over the last three years,
  • Revenues have also declined 13% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market1.37%
Materials2.42%
Metals and Mining2.64%
Steel1.16%
Diversified Metals and Mining3.96%
Copper3.80%
Aluminum-0.97%
Gold-6.32%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KRAS Krakatau Steel (Persero)Rp216.0052.1%
+Rp1.4t		148.3%PS0.3x
ISSP Steel Pipe Industry of IndonesiaRp330.005.8%
+Rp127.2b		18.7%PE4.6x
NIKL Pelat Timah NusantaraRp244.003.4%
+Rp20.2b		-3.9%PE347.9x
BAJA Saranacentral BajatamaRp131.004.0%
+Rp9.0b		40.9%PS0.3x
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Latest News

KRAS

Rp216.00

Krakatau Steel (Persero)

7D

52.1%

1Y

148.3%

BTON

Rp388.00

Betonjaya Manunggal

7D

-2.0%

1Y

-6.7%

GDST

Rp115.00

Gunawan Dianjaya Steel

7D

-4.2%

1Y

15.0%

BAJA

Rp131.00

Saranacentral Bajatama

7D

4.0%

1Y

40.9%

LABA

Rp142.00

Green Power Group

7D

-2.1%

1Y

9.2%

ISSP

Rp330.00

Steel Pipe Industry of Indonesia

7D

5.8%

1Y

18.7%

ADMR

Rp985.00

Adaro Minerals Indonesia

7D

-4.4%

1Y

-24.5%

NIKL

Rp244.00

Pelat Timah Nusantara

7D

3.4%

1Y

-3.9%